Listing ID: 78806
This is a great opportunity to own a very successful supermarket. The supermarket has been in the same family for 80+ years. It is located in a plaza, consisting of a gas station, restaurant and U.S. post office. The property is located in southern New Hampshire on a main road with a high traffic count. The neighborhood consists of commercial and residential properties including apartment complexes and approved to be built workforce housing.
This sale includes the business and equipment only. The buyer is to negotiate a lease with the current owner of the plaza. Financial information will be provided to serious buyers only after signing a non-disclosure agreement.
For more information, please contact JR Coughlin at 603-762-2959.
- Asking Price: $799,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
The building is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals choose to sell operating businesses. However, the true factor and the one they say to you might be 2 totally different things. As an example, they might claim "I have too many other obligations" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these may simply be excuses to try to conceal the reality of changing demographics, increased competitors, current decrease in earnings, or an array of other factors. This is why it is extremely crucial that you not count totally on a seller's word, however rather, make use of the seller's solution together with your total due diligence. This will repaint an extra sensible image of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses borrow money so as to cover items like inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that earnings margins are too small. Lots of companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that need to be fulfilled or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in brand-new consumers? Most times, companies have repeat customers, which create the core of their daily revenues. Specific variables such as new competitors growing up around the location, road construction, and personnel turn over can affect repeat clients and adversely influence future revenues. One crucial point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business regularly, the higher the chance to develop a returning client base. A last thought is the general location demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? How might the local typical home earnings impact future revenue potential?